Kartoon Studios, Inc. — Director's Dealing 2025

Dec 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Kartoon Studios, Inc. (TOON)
CIK: 0001355848
Period of Report: 2025-11-24

Reporting Person: Parisi Brian (CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-11-24	Restricted Stock Units	$	A	500000	Acquired		Common Stock, par value $0.001 per share (500000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17768	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of TOON common stock.

F2: On November 24, 2025, the Reporting Person was granted 500,000 restricted stock units, vesting as follows: 166,666 shares on December 31, 2026, 166,666 shares on December 31, 2027, and 166,668 shares on December 31, 2028, subject to the Reporting Person's continued employment. Vested shares will be delivered to the Reporting Person in equal installments in each calendar quarter following the vesting date.